The Final Nail in Reality’s Coffin?

Here’s a link to a thoughtful read about the future of virtual goods and how blockchain is allowing a market to develop within game worlds. As soon as common API’s are in use by game developers, you’ll see players “owning” their loot.

I believe this is the new market that capitalism has been searching for. We either go virtual or we get off the planet. We need new markets for the expansion of the economy or the poor will eat the rich and we’ll have to start the civilization game over again. This way we can keep an underclass who only own or rent digital goods. Blockchain and common API’s are the dominos that need to fall before we’re living in Ready Player One’s Oasis.

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Disclosure of Material Connection: Some of the links in the page above are “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”